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Executive Summary

Medical Office Opportunity
Across from New Cape Canaveral Hospital – Merritt Island
Outstanding opportunity to acquire an established, centrally located multi-tenant medical/professional office building in Merritt Island. The property is anchored by NSI Imaging, providing stability and long-term value.
The entire second floor (approximately 18,000 SF) is available for build-to-suit medical office space and is currently under construction and being renovated specifically for medical use. The flexible layout allows for up to three medical suites ranging from approximately 1,881 to 9,794 square feet, or a single-user configuration to meet specific operational needs.
The building is located directly across from the new Cape Canaveral Hospital, scheduled to open in 2027, featuring 120 beds, 25 emergency rooms, and 6 operating rooms. This creates ideal timing for a 2026 build-out, positioning occupants to benefit from increased patient demand upon hospital opening.
Medical-grade infrastructure is already in place, including an emergency generator, UPS system, and ample power capacity. Parking is excellent with a ratio of 6.40 spaces per 1,000 square feet, exceeding typical medical office requirements.
This is a rare opportunity to secure flexible medical office space in immediate proximity to a major new hospital development.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
37,180 SF
Building Class
B
Year Built
1978
Price
$16,602,601 CAD
Price Per SF
$446.55 CAD
Percent Leased
52%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
18,000 SF
Building FAR
0.27
Lot Size
3.12 AC
Zoning
BU1 - BU-1 General Retail Commercial
Parking
238 Spaces (6.4 Spaces per 1,000 SF Leased)

Amenities

  • Signage

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Health Care and Social Assistance
  • -
  • -
  • -

In 2004, Neuroskeletal Imaging, fondly known as NSI, was founded and incorporated on an ideal that centered on patient care and satisfaction. They believe that outpatient radiological facilities should be owned and operated by board-certified and licensed radiologists, which allows for non-biased medical care to be efficiently coordinated with physicians and other medical providers. NSI maintains itself at the peak of technology at their multiple cutting-edge facilities. Scheduling and appointments take place between the hours of 7:00 AM and 11:00 PM. Some special scans require one of their radiologists to be present, but their well-trained staff will do their best to accommodate your specific scheduling needs.

Tenant Industry SF Occupied Rent/SF Lease End
Health Care and Social Assistance - - -

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Fl-Ste 101
  • 1,736 SF
  • Office/Medical
  • -
  • Jun 2026

Available Medical Office Suite – Merritt Island Medical Corridor Professional medical office suite available overlooking the new Cape Canaveral Hospital in the heart of Merritt Island. This well-appointed suite is ideal for physicians, specialists, therapists, or other healthcare professionals seeking a premier location adjacent to a major medical center. Suite Features: - Welcoming waiting room - Reception desk and administrative area - Private doctor’s office - 3 exam rooms - 2 bathrooms - Efficient, patient-friendly layout - Excellent visibility and convenient access Expansion Opportunity: This suite can be combined with Suite 105, providing a total of 3,261 RSF, making it an excellent option for larger practices, multi-provider groups, or expanding medical operations.

  • 1st Fl-Ste 105
  • 1,525 SF
  • Office/Medical
  • -
  • Now

1st Floor Medical / Professional Office Suite – Across from Cape Canaveral Hospital Well-located first-floor medical or professional office suite featuring a private entrance facing the New Cape Canaveral Hospital. This functional layout is ideal for medical practitioners or professional office users seeking convenient access and visibility in a growing healthcare corridor. The suite includes a large reception and nurse’s working area, four exam rooms with water, and a private doctor’s office, creating an efficient setup for medical operations or healthcare-related services. Suite Features - Private exterior entrance facing the hospital - Large reception / nurse station area - 4 exam rooms with sinks - 1 private doctor’s office - First-floor location for easy patient access - Ideal for medical, wellness, or professional office use Excellent opportunity for physicians, specialists, therapy providers, or other healthcare professionals seeking space in close proximity to the hospital. Expansion Opportunity: This suite can be combined with Suite 101, providing a total of 3,261 RSF, making it an excellent option for larger practices, multi-provider groups, or expanding medical operations.

  • 2nd Fl-Ste 200
  • 9,794 SF
  • Office/Medical
  • -
  • Now

Build-to-Suit Opportunity – 2nd Floor Renovation Ideal for medical and professional office users, this flexible second-floor space offers a prime opportunity to customize your layout to fit your business needs. The suite features an open floor plan and can be leased independently or combined with Suite 201 for additional square footage and expanded functionality. Conveniently located directly across the street from the new Cape Canaveral Hospital in the heart of beautiful Merritt Island, the property provides excellent visibility and accessibility for patients, clients, and staff alike. Perfect for: - Medical practices - Specialty healthcare providers - Administrative offices - Professional services firms Design and configure the space to match your operational requirements in one of the area’s most desirable professional locations.

  • 2nd Fl-Ste 201
  • 4,563 SF
  • Office/Medical
  • -
  • Now

Build-to-Suit Opportunity – 2nd Floor Renovation Ideal for medical and professional office users, this flexible second-floor space offers a prime opportunity to customize your layout to fit your business needs. The suite features an open floor plan and can be leased independently or combined with Suite 200 for additional square footage and expanded functionality. Conveniently located directly across the street from the new Cape Canaveral Hospital in the heart of beautiful Merritt Island, the property provides excellent visibility and accessibility for patients, clients, and staff alike. Perfect for: - Medical practices - Specialty healthcare providers - Administrative offices - Professional services firms Design and configure the space to match your operational requirements in one of the area’s most desirable professional locations.

  • 2nd Fl-Ste 203
  • 1,881 SF
  • Office/Medical
  • -
  • Now

Brand-New Medical Office Build-Out – 1,881 RSF | 2nd Floor Exceptional opportunity to lease a newly built-out second-floor medical suite in a premier Merritt Island location directly across from the new Cape Canaveral Hospital. This thoughtfully designed 1,881 RSF suite offers modern finishes, abundant natural light, and an efficient layout tailored for today’s healthcare professionals. Suite features include: - Welcoming waiting room - Reception area - 4 exam rooms - Private doctor’s office - Central nurses station - Break room - Ample on-site parking Move-in ready with the flexibility for final customization, this suite is ideal for medical, wellness, or specialty healthcare practices seeking a premier location in a growing healthcare corridor. Position your practice in one of Merritt Island’s most desirable medical locations with convenient access for patients and staff alike.

Space Size Space Use Build-Out Available
1st Fl-Ste 101 1,736 SF Office/Medical - Jun 2026
1st Fl-Ste 105 1,525 SF Office/Medical - Now
2nd Fl-Ste 200 9,794 SF Office/Medical - Now
2nd Fl-Ste 201 4,563 SF Office/Medical - Now
2nd Fl-Ste 203 1,881 SF Office/Medical - Now

1st Fl-Ste 101

Size
1,736 SF
Space Use
Office/Medical
Build-Out
-
Available
Jun 2026

1st Fl-Ste 105

Size
1,525 SF
Space Use
Office/Medical
Build-Out
-
Available
Now

2nd Fl-Ste 200

Size
9,794 SF
Space Use
Office/Medical
Build-Out
-
Available
Now

2nd Fl-Ste 201

Size
4,563 SF
Space Use
Office/Medical
Build-Out
-
Available
Now

2nd Fl-Ste 203

Size
1,881 SF
Space Use
Office/Medical
Build-Out
-
Available
Now

1st Fl-Ste 101

Size 1,736 SF
Space Use Office/Medical
Build-Out -
Available Jun 2026

Available Medical Office Suite – Merritt Island Medical Corridor Professional medical office suite available overlooking the new Cape Canaveral Hospital in the heart of Merritt Island. This well-appointed suite is ideal for physicians, specialists, therapists, or other healthcare professionals seeking a premier location adjacent to a major medical center. Suite Features: - Welcoming waiting room - Reception desk and administrative area - Private doctor’s office - 3 exam rooms - 2 bathrooms - Efficient, patient-friendly layout - Excellent visibility and convenient access Expansion Opportunity: This suite can be combined with Suite 105, providing a total of 3,261 RSF, making it an excellent option for larger practices, multi-provider groups, or expanding medical operations.

1st Fl-Ste 105

Size 1,525 SF
Space Use Office/Medical
Build-Out -
Available Now

1st Floor Medical / Professional Office Suite – Across from Cape Canaveral Hospital Well-located first-floor medical or professional office suite featuring a private entrance facing the New Cape Canaveral Hospital. This functional layout is ideal for medical practitioners or professional office users seeking convenient access and visibility in a growing healthcare corridor. The suite includes a large reception and nurse’s working area, four exam rooms with water, and a private doctor’s office, creating an efficient setup for medical operations or healthcare-related services. Suite Features - Private exterior entrance facing the hospital - Large reception / nurse station area - 4 exam rooms with sinks - 1 private doctor’s office - First-floor location for easy patient access - Ideal for medical, wellness, or professional office use Excellent opportunity for physicians, specialists, therapy providers, or other healthcare professionals seeking space in close proximity to the hospital. Expansion Opportunity: This suite can be combined with Suite 101, providing a total of 3,261 RSF, making it an excellent option for larger practices, multi-provider groups, or expanding medical operations.

2nd Fl-Ste 200

Size 9,794 SF
Space Use Office/Medical
Build-Out -
Available Now

Build-to-Suit Opportunity – 2nd Floor Renovation Ideal for medical and professional office users, this flexible second-floor space offers a prime opportunity to customize your layout to fit your business needs. The suite features an open floor plan and can be leased independently or combined with Suite 201 for additional square footage and expanded functionality. Conveniently located directly across the street from the new Cape Canaveral Hospital in the heart of beautiful Merritt Island, the property provides excellent visibility and accessibility for patients, clients, and staff alike. Perfect for: - Medical practices - Specialty healthcare providers - Administrative offices - Professional services firms Design and configure the space to match your operational requirements in one of the area’s most desirable professional locations.

2nd Fl-Ste 201

Size 4,563 SF
Space Use Office/Medical
Build-Out -
Available Now

Build-to-Suit Opportunity – 2nd Floor Renovation Ideal for medical and professional office users, this flexible second-floor space offers a prime opportunity to customize your layout to fit your business needs. The suite features an open floor plan and can be leased independently or combined with Suite 200 for additional square footage and expanded functionality. Conveniently located directly across the street from the new Cape Canaveral Hospital in the heart of beautiful Merritt Island, the property provides excellent visibility and accessibility for patients, clients, and staff alike. Perfect for: - Medical practices - Specialty healthcare providers - Administrative offices - Professional services firms Design and configure the space to match your operational requirements in one of the area’s most desirable professional locations.

2nd Fl-Ste 203

Size 1,881 SF
Space Use Office/Medical
Build-Out -
Available Now

Brand-New Medical Office Build-Out – 1,881 RSF | 2nd Floor Exceptional opportunity to lease a newly built-out second-floor medical suite in a premier Merritt Island location directly across from the new Cape Canaveral Hospital. This thoughtfully designed 1,881 RSF suite offers modern finishes, abundant natural light, and an efficient layout tailored for today’s healthcare professionals. Suite features include: - Welcoming waiting room - Reception area - 4 exam rooms - Private doctor’s office - Central nurses station - Break room - Ample on-site parking Move-in ready with the flexibility for final customization, this suite is ideal for medical, wellness, or specialty healthcare practices seeking a premier location in a growing healthcare corridor. Position your practice in one of Merritt Island’s most desirable medical locations with convenient access for patients and staff alike.

Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
24-36-36-00-00265.0-0000.00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$4,907,785 CAD
  • Listing ID: 39839045

  • Date on Market: 2026-01-09

  • Last Updated:

  • Address: 255 N Sykes Creek Pky, Merritt Island, FL 32953

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